Presettlement follow up
Question from a customer:
If you get all the medical questions, letters from the attorney stating what the case is about, how much time from then will you have an answer? How do you determine liability and how much a case is worth?
Great Questions!
You should have an answer within 7-10 days of our receipt of the information from your attorney.
We determine liability and case worth based on our evaluation of the case as well as the view of your attorney. There are many different aspects that decide our limitations and they vary case by case. It is somewhat of a judgement call.
Pre Settlement Questions
Your Question:
on a pre-settlement, how do you determine how much to loan? And what is the process?
Our Answer:
We need help from your attorney. We’ll review the merits of the case with the following in mind:
1. Liability – How Liable is the defending party?
2. Damages – What is the accident worth as a dollar amount?
3. Liens on the case – Are there any prior liens on settlement (workers comp, medical liens, Medicaid liens, medicare liens, prior advance liens, etc.)
4. Insurance Coverage – How much coverage does the defendant have?
Cases must be 4 months or older
Timeframe = 7 to 10 business days after attorney provides paperwork
Items needed typically are:
Accident/Police Report
Medical Records/Emergency Room Records
Attorney comments/narrative
How much we loan is a combination of how much you need and what we feel is appropriate and sensible to lend based on the case information.
Prosperity CEO awarded Medal of Distinction
For Immediate Release: Contact: NRCC Headquarters
Wednesday, September 20, 2006
***THOMAS BALLETTA OF LAKE PARK TO BE AWARDED CONGRESSIONAL MEDAL OF DISTINCTION***
Washington, D.C. -NRCC Chairman Tom Reynolds and the National Republican Congressional Committee (NRCC) announced today that Mr. Thomas Balletta has been chosen as a 2006 Congressional Medal of Distinction winner.
Mr. Balletta was selected based on unyielding support of the Republican Party, outstanding leadership in business and contributions to the local economy.
Only an elite group of business and professional people were nominated to receive the award before the awards selection committee reached a final decision.
Commenting on Mr. Balletta’s selection, Congressman Reynolds said, “Mr. Balletta has served as an Honorary Chairman of the Business Advisory Council and has provided much needed support. This award could not have gone to a more deserving candidate.”
Who do we work with?
Your Question:
Does your company do lottery payouts thru partners financial?
Our Answer:
Not sure who Partners Financial is? Is that a scam letter that says you won something? Plenty of those out there.
Or is that a lottery funder or broker? For example, we are lottery funders. We buy future lottery payments in exchange for a lump sum of cash now.
Does that answer your question?
Does the size of my settlement matter?
Your question:
will you take a $9000 settlement?
Our answer:
Probably not. Most likely it is too small. We’ve worked with settlements that size before, maybe if it is a lump sum due in 15 months. But usually its a small amount spread over a few years, or it’s due in 2 months. Neither of those scenarious works for such a small amount.
Thanks for asking! We can give you an exact amount if you want, just email me or call.